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Tue 7 Jun, 2022 05:58 am
Global debt must always increase. Only new debt can pay for old that that has interest.
When debt stop growing markets crash and societies break down fast.
Looks like we are close because of central banks "printing" to keep it going for a little longer.
So how do we solve this?
The people at LaRouche have some interesting ideas. Glass Steagall and cooperation among the largest nations to cancel the financial weapons of mass destruction etc.
"Therefore, we have two questions here: Not only how to deal with the problem of the economy, but, how do we deal with the world economy as well. Because we have to maintain stability among key nations. I have picked out four nations, as absolutely crucial, that they must cooperate, because with their cooperation, and with that of others who join them, it will be possible to take reorganization of the world economy, by eliminating financial derivatives—just cancel them; they're worthless paper, cancel them. Go back to the honest debt of nations, go to a commercial banking standard, and create new credit to replace the worthless old debt. By creating new credit, and launching physical production programs, in infrastructure and other terms, we could, by agreement among nation-states, prevent a general collapse, and actually launch a program of orderly recovery. And these problems that we now face could be solved."
@JB70,
Stop being racist and undo the evil that is Akuuu..... I mean Bush twooo.
Bush putting the United States in an endless war was the biggest waste of funds. Just like how Ukraine is collecting US dollars ( right now ) as part of their war effort.
The greatest thing to save the economy is to create a stalemate of peace.
Look at China v. India or China v. Hong Kong, or China v. Twain.
Look at Cuba v. US or North Korea v. US.
Look at Iran v. US ( when it should be Iraq and Iran v. Britain ).
All money should just be bit-coin
The problem is selfishness beyond anything else via the family or lack of emotional support.
The same criminal bankers sponsor WEF. To stay in control over finance when the system they created implodes they suggest individual carbon credits, social credits and lots of surveillance.
Disgusting.
There are better solutions than fascism/communism of course.
"World Economic Forum pushes digital ID system that will determine access to services
The digital ID system proposes monitoring online behavior, purchases, biometrics, and more.
The WEF suggests that this data collection dragnet would allow a digital ID to scoop up data on people’s online behavior, purchase history, network usage, credit history, biometrics, names, national identity numbers, medical history, travel history, social accounts, e-government accounts, bank accounts, energy usage, health stats, education, and more.
Once the digital ID has access to this huge, highly personal data set, the WEF proposes using it to decide whether users are allowed to “own and use devices,” “open bank accounts,” “carry out online financial transactions,” “conduct business transactions,” “access insurance, treatment,” “book trips,” “go through border control between countries or regions,” “access third-party services that rely on social media logins,” “file taxes, vote, collect benefits,” and more. "
@JB70,
It has nothing to do with ones and zeros. It all starts with people being selfish. From the people we call mom and dad, to the people we call son and daughter. Selfishness.
We are one, We are unity, and that is the problem. Not maintaining unity. Even within unity we are selfish as well.
Look at Bill Gates who claims to end world hunger. He is going into farming right now. He is right, we should all go into farming, grow Talapia, crayfish, snails, chickens, sheep and even use milk from such animals and our women.
We should grow greens and eat greens to translate into exlixer.
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